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25 March 2024 | 0 replies
We've touched on this prior to the 'settlement' that today lenders essentially allow the real estate commissions to be rolled into the buyer's transaction by appraising for a price sufficient to cover the RE fees.
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25 March 2024 | 16 replies
Most seller financed deals are to borrowers who lack sufficient credit to get a conventional loan, so their risk of default is much higher.
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26 March 2024 | 11 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.
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26 March 2024 | 25 replies
I don’t believe 10k is sufficient enough to really do a deal on one’s own for the most part.
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25 March 2024 | 7 replies
People will be looking for a true 2 bedroom and most people don't want to sleep on a futon.
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24 March 2024 | 3 replies
They also often work night shift, which means they'll be sleeping during the day, and I think this is where one of the challenges comes in.
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25 March 2024 | 12 replies
Given that the borrower had given us sufficient time to complete the loan processing and clear all title conditions, we were able to arrange the financing with one of our multi-family lenders at a rate that was actually lower than the prevailing rate when the borrower initially contacted us.
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24 March 2024 | 10 replies
Everyone seems to sleep on rent by the room.
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22 March 2024 | 9 replies
You don't need anything significant drawn up for the loan agreement either, a verbal agreement may be fine or just an email exchange can be sufficient (you could sign if you realllllly wanted to).
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22 March 2024 | 5 replies
If the person who emailed you has the authority to release the agreement, then I'd say the email is sufficient